Business
The Bank of Queensland has been hit with a potentially damaging ruling from the Federal Court which found that its standard loans to small business contained terms that have been ruled as unfair.
Business
Fears of an interest rate hike were shrugged off this morning as investors poured back into Australian shares, lifting the ASX by more than 100 points in early trade.
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ME Bank has been hit with criminal charges relating to allegations of false and misleading conduct.
Bank of Queensland investors will get a windfall dividend after the company reported a 66 per cent increase to its bottom line interim profit of $154 million.
There are some crucial points into the Bank of Queensland saga.
Bank of Queensland has raised about $408 million from retail investors leaving underwriters with a hefty bill.
